On August 27, CIMC Group officially released its 2025 semi-annual performance report.
From January to June this year, CIMC Enric Holdings Limited (CIMC Enric) – a leading enterprise engaged in energy, chemical, and liquid food businesses – has adhered to its strategic direction, built core competitive barriers through multi-disionamenl layout, and made simultaneous efforts in both volume and quality to achieve remarkable results. During the period, it recorded an operating income of RMB 12.61 billion (approximately USD 1.767 billion), a year-on-year increase of 9.9%; and a net profit of RMB 560 million (approximately USD 78 million), a significant year-on-year increase of 15.6%.
CIMC Enric has achieved high-quality and sustainable growth in its operations, indicating that its previous forward-looking layout, which accurately aligned with industry trends, has entered a harvest period. As of the end of June, the company had an order backlog of RMB 29.18 billion (approximately USD 4.088 billion) and newly signed orders of RMB 10.74 billion (approximately USD 1.505 billion).
Amidst the broader trend of energy transition, global demand for clean energy continues to grow. CIMC Enric, by accurately capturing market signals and aligning with industry developments, achieved sustained revenue growth in its clean energy division during the period, reaching RMB 9.63 billion (approximately USD 1.349 billion), a significant year-on-year increase of 22.2%, demonstrating strong growth momentum. In the first half of the year, CIMC Enric deepened its technological capabilities, enabling diversified breakthroughs, further tapping potential, expanding innovation, and upgrading its business areas, helping to achieve new breakthroughs in both domestic and overseas markets.
In the first half of 2025, the offshore engineering business of CIMC solidified its operational foundation, strengthened its strengths while addressing weaknesses, and deepened its focus on practical results. It achieved revenue of RMB 8.014 billion (approximately USD 1.123 billion) and net profit of RMB 281 million (approximately USD 39 million). During this period, U.S. trade policies and geopolitical conflicts caused significant volatility in crude oil prices. However, driven by urgent demand for new oil and gas resource development, the trend of increased deep-sea oil and gas production remained stable. As of the end of June, CIMC Raffles Offshore Engineering Pte Ltd (CIMC Raffles) maintained a robust order backlog of USD 5.55 billion, providing solid support for the fulfillment of its performance expectations.
CIMC Raffles has implemented its “Deep-Sea Technology” strategy, focusing on high-potential markets. Its strength in high-end offshore engineering equipment has continued to rise, with project construction and delivery achieving fruitful results across multiple fronts in the first half of the year.
Meanwhile, CIMC Offshore’s asset operation and management business has deeply implemented the operating strategy of “ensuring stable operation, promoting turnover, and expanding markets”. During the period, both the mid-water semi-submersible drilling rig “Xianjing Yantai” and the ultra-deepwater semi-submersible drilling rig “Blue Whale 1” successfully secured new leases. This has effectively expanded the space for performance growth and consolidated its leading position in the global offshore engineering market.
In recent years, CIMC Group has been committed to deepening its development of high-end marine and deep-sea equipment, focusing on strategic emerging fields such as deep-sea oil and gas development, offshore wind power, and marine new energy, and continuously breaking through technical bottlenecks in ultra-deep water and extreme environments; at the same time, it has actively explored cutting-edge fields and continued to expand high value-added and green businesses, aiming to align with the construction of a strong maritime nation in the direction of high-tech such as deepwater, green, and safety, and further broaden the coverage of the industrial chain for global deep-sea resource development.